Jubilant Ingrevia Limited has informed the Exchange about General Updates - E-mail to shareholders intimating about deduction of tax at source (TDS) on Final Dividend for FY 2024-25
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Jubilant Ingrevia has written to shareholders explaining the Tax Deduction at Source (TDS) rules that will apply on the Final Dividend of Rs. 2.50 per equity share (face value Re. 1) recommended by the Board on May 13, 2025 for FY 2024-25. The dividend, pending shareholder approval at the AGM, is payable to those holding shares as on the record date of July 25, 2025. For resident shareholders, TDS is nil if total dividend during FY 2025-26 does not exceed Rs. 10,000; otherwise it is 10% with valid PAN and 20% without PAN. Non-resident shareholders face 20% TDS (or lower treaty rate) while FPIs/foreign investors, sovereign wealth funds and certain AIFs have separate rates. Shareholders must submit relevant forms (15G/15H, PAN, TRC, Form 10F, etc.) to the company/RTA by August 19, 2025 to avail lower or nil TDS.
This is a procedural tax-compliance communication and does not change the dividend amount or the company's payout. Shareholders should ensure their PAN and KYC details are updated and submit exemption forms before August 19, 2025 to avoid excess TDS deduction.